Phenomenal Investment Opportunity to own a Multi-unit in the Heart of Portland on Munjoy Hill. One block from the Eastern Promenade and within a half mile radius of all the beauty and allure that Portland offers. Walk the Eastern Promenade on a warm summer evening, taste some local flare in any of the restaurants, breweries or food trucks or a show at The Hill Arts. The property offers 4, 1 bedroom units with one of the units recently vacated and in the process of being renovated. Enjoy partial views of Casco Bay and off-street parking. This Location alone speaks for itself.
Multi-familyProperty Type
1900Year Built
4,356 sq ftLot Size
$405Est. Price/Sq.Ft.
1 spaceParking
Listed by Maria Rich• Landing Real Estate
Bought with Christopher Romano• The Boulos Company
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
4
Baths
4
Stories
2
Lot width
—
Lot depth
—
Lot size
4,356 Sq. Ft.
Year renovated
—
Sq. Ft.
2,930
Year built
1900
Style
Multi-Family (5+ Unit)
County
Cumberland County
APN
110251
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 2026.
R6
Residential
To set aside areas on the peninsula for housing characterized primarily by multi-family dwellings at a high density providing a wide range of housing for differing types of households; to conserve the existing housing stock and residential character of neighborhoods by controlling the scale and external impacts of professional offices and other nonresidential uses; and to encourage new housing development consistent with the compact lot development pattern typically found on the peninsula.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Other
Bed & breakfast
Lodging & hospitality-Other
Cemetery
Park & open space
Property details
Parking
Parking Information
Parking Features: 1 - 4 Spaces, Paved
Interior
Bathroom Information
# of Baths (Full): 4
Basement Information
Basement Entry: Bulkhead, Unfinished
Interior Features
Flooring: Wood, Laminate
Multi-Unit Information
# of Units Total: 4
# of 1 Bedroom Units: 4
Operating Expense: $10,706
Gross Income: $56,100
Unit 1 Information
# of Bedrooms: 1
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: No
Has Heat: Yes
Level: Second
Refrigerator: No
Sewer: Yes
Water: Yes
Unit 2 Information
# of Bedrooms: 1
Actual Rent: $975
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: No
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 3 Information
# of Bedrooms: 1
Actual Rent: $1,400
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: No
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 4 Information
# of Bedrooms: 1
Actual Rent: $1,400
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: No
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes
Exterior
Building Information
Construction Materials: Vinyl Siding, Wood Frame
Roof: Shingle
Total Building Area (Sq. Ft.): 2,930
Property Information
Year Built: 1900
Above-Grade Finished Area (Sq. Ft.): 2,930
Levels: Multi-Level
Lot Information
Lot Size (Sq. Ft.): $4,356
Lot Size (Acres): 0.1
Lot Size Source: Public Records
Lot Features: Open, Level, Sidewalks, Intown, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Neighborhood, Near Public Transit
Road Surface Type: Paved
Zoning: Residential
Waterfront Information
Water Body Name: Casco Bay
Water Body Type: Ocean
Water View: Yes
Financial
Tax Information
Annual Tax Amount: $12,560
Tax Year: 2023
Utilities
Utility Information
Has Heating
Heating: Zoned, Hot Water, Baseboard
Electric: Circuit Breakers
Sewer: Public Sewer
Utilities: Utilities On
Utilities On: Yes
Water Source: Public
Water Heater: Electric
Location
Location Information
Unparsed Address: 79 Morning Street, Portland, ME 04101
Directions: Congress St towards Munjoy Hill, right onto Morning St and the property will be on your Left.
Public facts
Beds: 4
Baths: 4.0
Sq. Ft.: 2,930
Stories: 2.0
Lot Size: 4,356 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1900
Year Renovated: —
County: Cumberland County
APN: 110251
Home facts updated by county records on Jul 27, 2026
Around this home
Schools
East End Community School
Public PreK-5 • Assigned • 0.6mi
2/10
Lyman Moore Middle School
Public 6-8 • Assigned • 3.4mi
4/10
Deering High School
Public 9-12 • Assigned • 2.6mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 87° expected this year, 18 days in 30 years
6/10 Wind Factor
67% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Portland, ME • 04101
Average low and high temperatures (°F)
31
18
33
18
44
30
52
39
63
49
74
58
79
64
77
60
71
56
61
46
50
36
36
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.4 hours in
June and 4.2 hours in December, placing it below the
U.S. average for solar exposure.